MBA Internship - Investment Management

About the role

Vanguard’s MBA Internship Program – Investment Management Track is an opportunity to use your real passion for investments to directly impact the financial future of our investors. While we provide a summer assignment and the tools for success, you’ll figure out how to use them and help shape the future of investing for millions of investors worldwide.

Responsibilities

• Experience first-hand our culture of continual growth, learning directly from world-class investment professionals while being exposed to the breadth and depth of our global investment, corporate strategy and investment strategy teams
• Engage in a high-impact strategic assignment in one of our key business areas, helping to meet the financial needs of our investors
• Identify critical insights for Vanguard to help drive our business forward
• Receive rigorous coaching and mentorship from an MBA program manager and a senior department management to help prepare you for a leadership role
• Connect with a robust alumni network who share your belief of doing what’s right for our clients

Requirements

• An undergraduate degree and current enrollment in an MBA program
• Minimum of 5 years of post-graduate work experience required reflecting a progression in responsibilities and expertise, and including relevant exposure to investment management
• Comfort with ambiguity and a willingness to explore a variety of challenges and pivot as needed
• A deep interest and understanding of financial markets

Qualifications

• Outstanding analytical skills
• Excellent relationship management and leadership skills
• Experience with investment research, portfolio management, trading, or investment strategy preferred
• Clear, eloquent communicator, comfort making brave decisions with an ability to collaboratively influence and effectively interact at all levels, both internally and externally in a matrixed environment
• CFA, or progress towards CFA, highly preferred but not required
• Familiarity with R, Python, SQL preferred but not required

Possible Internship Opportunity Areas

• Equity Investment Group – Equity Investment Specialist
• Fixed Income Group – Senior Research Associate
• Fixed Income Group – Fixed Income Trader
• Investment Management and Finance Risk – Investment Risk Analyst
• Investment Strategy Group – Investment Strategist
• Portfolio Review Department – Investment Product Manager
• Quantitative Equity Group – Assistant Portfolio Manager

Special Factors

• The start date for this program will be May/June 2027
• Seeking December 2027 or May 2028 MBA graduates
• This is a hybrid position based in Malvern, PA, with remote work on Mondays and Fridays and in-office collaboration Tuesday through Thursday; some business teams work in the office five days per week
• Vanguard is not offering visa sponsorship for this position
• Applicants must be 18 years of age or older at the start of the internship

About Vanguard

At Vanguard, we don't just have a mission—we're on a mission. To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.